: While primary homes can often be bought with 3–5% down, second homes typically require at least 10–25% . Investment properties often demand a minimum of 15–25% .
Lenders view second properties as higher risk, leading to more rigorous qualification standards: how can i buy a second property
: Most lenders look for a DTI ratio of 36% or less , including both your current and new mortgage payments. : While primary homes can often be bought